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Investing in drug companies awaiting FDA approval can be lucrative, as seen with Pfizer and Moderna's stock rise post-approval of booster shots. Full FDA approval for Pfizer's vaccine further boosted its stock. VectorVest and Cramer highlight the potential of biotech stocks, suggesting one could be worth over $100 billion upon FDA approval. Investors should research thoroughly before investing in such companies due to the uncertainty and risks involved in the FDA approval process.

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